Publication

Big Shed Prospects: Key takeaways & conclusions

With our bull, bear, and rental growth cases presented along with insight from our agency teams, what are the key takeaways?


Overall, the market remains in a transitionary phase that is taking longer than anticipated to balance out. However, as our data shows, occupiers remain active driven but driven by more strategic reasons than business growth alone. In turn, this is leading to deals taking longer to complete and often resulting in older space returning to the market, therefore having a negligible impact on net absorption and overall vacancy.

There are many reasons to be optimistic about the overall trajectory of the market and whilst an economic soft landing remains the most likely outcome there are significant global and localised risks to that outcome.